2019 GHS to NGN Historical Review

YEARLY HIGH

75.5331 NGN

YEARLY LOW

24.8186 NGN

YEARLY AVERAGE

67.1324 NGN

2019 GHS to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GHS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 75.5331. Conversely, the yearly low was recorded on May 19, dropping to 24.8186.

This high-to-low spread represents a total annual volatility of 50.7145 NGN. From a start-to-finish perspective, comparing the January average rate of 74.1626 to the December average rate of 63.6393, the exchange rate registered a net change of -14.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 75.5331 was down 7.47% compared to the 2018 peak of 81.6327, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GHS based on timing:

Yearly Peak High 377,665 NGN

2018 Average 386,170 NGN

Yearly Trough Low 124,093 NGN

Transaction Impact: A difference of 253,572.60 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

75.2150

62.5869

JanuMarcMayJulySeptNove

GHS to NGN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 68.5410, compared to 65.7238 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.8172 points.

H1 Avg (Jan–Jun) 68.5410

H2 Avg (Jul–Dec) 65.7238

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 45.3311 NGN (High: 70.1497 / Low: 24.8186). On the other end, July was the most stable month, with a tight range of 1.2143 NGN (High: 67.6462 / Low: 66.4319).

May Spread (Volatile) ±45.3311

July Spread (Stable) ±1.2143

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 5.4128 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -5.4128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 74.1626) against the same month in 2018 (average: 79.3116), the exchange rate shifted by -5.1490 (-6.49%).

2019 Avg (January) 74.1626

2018 Avg (January) 79.3116

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	75.5331	72.2087	74.1626
February	72.6664	65.8182	68.7498
March	70.7455	63.6395	66.4843
April	70.7103	66.5098	69.5427
May	70.1497	24.8186	67.8751
June	67.0104	56.9711	64.4313
July	67.6462	66.4319	66.8789
August	67.6428	56.1315	66.1926
September	66.8734	65.3178	65.9406
October	67.3310	65.6875	66.3526
November	65.9097	64.5464	65.3387
December	64.5657	62.9887	63.6393